After reflecting on the "many representations" made to him by business and banks, among others, President Zuma decided to "move on to a new scenario".
Business Report senior journalist Donwald Pressly will appeal his dismissal by Independent Newspapers for seeking political office with the DA.
Chairperson of the Cape Town Press Club, Donwald Pressly, argues that press clubs are not about stifling debate.
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/ 28 September 2009
Now part of the Hess Family Estates, Glen Carlou houses a small part of Donald Hess’s private art collection.
Africa will have to find its own way and develop its own growth agenda, which will not be either the Indian or Chinese way of forging economic development, Mvelaphanda Holdings executive chairperson Tokyo Sexwale argued on Wednesday at a World Economic Forum media briefing at the start of the forum conversation on Africa.
South Africa should be compensating public servants for the quality of the work they do rather than granting an across-the-board increase — as demanded by striking trade unionists — official opposition Democratic Alliance leader Helen Zille argued on Friday.
The Department of Minerals and Energy is working on regulations to govern "the norms and standards" of energy appliances so as to reduce the use of energy, Minerals and Energy Minister Buyelwa Sonjica said on Wednesday. Speaking ahead of her budget vote, the minister acknowledged that people would be obligated "to be energy efficient".
South African Trade and Industry Minister Mandisi Mpahlwa says he expects to make an announcement on the National Lottery on Thursday. At a media briefing at Parliament on Wednesday, he said he was awaiting a report from the National Lotteries Board on the matter.
The National Treasury has gazetted the details of municipalities whose 2006/07 municipal infrastructure grant allocations have been stopped — because of non-compliance with the 2006 Division of Revenue Act. It amounts to R503-million. The main reason for the funds being stopped is "significant under-expenditure".
Sandra Botha has beaten her rival, former National Party minister Tertius Delport, for the post of leader of the opposition in the National Assembly. Finance spokesperson Ian Davidson was elected unopposed for chief whip after KwaZulu-Natal leader Mike Ellis withdrew from the contest.
Interest shown by synthetic-fuel firm Sasol in the pebble-bed modular reactor is evidence of private-sector interest in nuclear power, Public Enterprises Minister Alec Erwin argued on Tuesday. He was speaking in his policy debate in the National Council of Provinces.
Academic freedom cannot be taken for granted any longer, writes <b>Jane Duncan</b>.
The rejection of the African Peer Review Mechanism (APRM) report by South Africa has come as no surprise as it is consistent with the government’s "depressing habit" of shooting the bearer of bad news, says official opposition Democratic Alliance leader Helen Zille.
MPs serving on the National Assembly public enterprises portfolio committee have been told that the establishment of a new state-owned company, Infraco, would allow for massively reduced costs of access to broadband in future. If the Infraco model were adopted, it could cut prices immediately by 65%.
The legislative framework underpinning South Africa’s labour market "is sound" and shall not be altered, South African Labour Minister Membathisi Mdladlana said on Tuesday. He was speaking in his budget vote in an extended public committee in the National Assembly.
Outgoing official opposition Democratic Alliance leader Tony Leon bid farewell in his final internet column, <i>SA Today</i>, which since its launch in February 2003 has focused largely on the state of democracy, including critiques of the ruling African National Congress and its governance.
No policy has been adopted to detain multi- or extensively drug-resistant tuberculosis (XDR-TB) patients, acting health minister Jeff Radebe said on Wednesday. He was replying to a written question from Democratic Alliance health spokesperson Gareth Morgan.
The Congress of South African Trade Unions (Cosatu) has called for the resignation of World Bank president Paul Wolfowitz "not just because of his abuse of his office to promote, and give a huge pay rise to, his girlfriend, but because of his consistently anti-working class and anti-poor policies", it said on Tuesday.
A flat tax in which the ratio of tax to taxable income is the same at all levels of income — and which replaces various tax bands that feature in a progressive tax regime with a single tax — would allow the South African government to gather more tax at lower rates, Free Market Foundation (FMF) economist Jasson Urbach has argued.
Mangosuthu Buthelezi has added a note of caution to the proposed name change of Durban highway in KwaZulu-Natal — currently named "Mangosuthu Highway" in his honour. eThekwini mayor Obed Mlaba has proposed that the highway be named, instead, after a late liberation-struggle hero.
The challenge facing the international community is that the contemporary global economy has given birth to various forms of economic activity affecting millions of people that is akin to the loss of personal freedom experienced by the classical slaves, South African President Thabo Mbeki argued on Friday.
The South African Airways (SAA) Bill, which converts the national airline into a public company, got the nod of the second chamber of Parliament, the National Council of Provinces, on Tuesday. The SAA Bill has already received the nod of the National Assembly.
A multi-faceted public transport system action plan, involving integrated metered taxis and long-distance public transport, has been announced by Transport Minister Jeff Radebe. Noting that about R9-billion has been allocated of the medium-term budget to public transport, Radebe told journalists that the aim is to create "integrated rapid public transport networks".
Some exceptional items gave rise to the growth in the deficit on the current account of the balance of payments towards the end of last year, but this has been "easily financed by capital inflows", South African Reserve Bank (SARB) Governor Tito Mboweni told MPs on Tuesday.
Zimbabwe’s economic problems "are not technical", South African Reserve Bank Governor Tito Mboweni told South African MPs on Tuesday. He said: "In other words, it is not possible for the central bank in Zimbabwe to resolve the inflation problems unless, for example, the fiscal policy position changes."
South Africa’s no-fees schools have been allocated R2,95-billion for the 2007 school year, according to Education Minister Naledi Pandor. Replying to a parliamentary question from the Democratic Alliance’s George Boinamo, Pandor reported that this involved 13Â 901 schools and just over five million pupils.
Africa was catching up with the rest of the world — although it was still regarded as the poorest region — but it needed two to three decades of rapid growth to make a substantial dent in the level of poverty, South African Finance Minister Trevor Manuel said at Parliament on Friday.
Increased trade is beneficial to Africa in that it supports poverty alleviation and is able to create new employment opportunities on the continent, said Finance Minister Trevor Manuel. It promotes regional integration and helps to expand intra-regional trade "while infusing new capital and technology into the continent", he told the Parliamentary Network on the World Bank.
South African consumers are still bearing the brunt of the legacy of apartheid, Independent Democrats leader Patricia de Lille told a consumer conference on Thursday. She was speaking at the National Consumer Forum at the Oppenheimer Conference Centre at Gold Reef City in Johannesburg.
South Africa’s Trade and Industry Minister Mandisi Mpahlwa consulted a legal team on Wednesday evening about the decision of the Pretoria High Court to set aside the awarding of the national lottery licence to Gidani, government spokesperson Themba Maseko said on Thursday.
African governments are beginning to acknowledge that Zimbabwe has slipped into chaos, Democratic Alliance (DA) chairperson Joe Seremane said on Wednesday. He said Zambian Foreign Affairs Minister Mundia Sikatana "should be … supported in his drive to get his country’s counterparts in the Southern African Development Community to stop pretending ‘all is well in Zimbabwe’".
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/ 26 February 2007
There would be "huge discussions" in the National Economic Development and Labour Council (Nedlac) between business, labour and the government over the formulation and implementation of a new national social-security system, Labour Minister Membathisi Mdladlana said on Monday.